COLOMBO, Sept 27 (NNN-LNW) – Sri Lanka’s apparel exports, recorded a marginal decline in Aug, compared to the same month last year, the Joint Apparel Association Forum (JAAF), the apex body of the country’s apparel industry, said yesterday.
Earnings from apparel exports last month reached 479.14 million U.S. dollars, down 1.33 percent from Aug, 2024, the JAAF said.
Shipments to the United States rose 0.92 percent year on year, but exports to the European Union and Britain fell by 4.83 percent and 2.6 percent, respectively, the JAAF said. Exports to other destinations were unchanged.
Despite the Aug dip, apparel exports during the first eight months of this year, grew by 7.48 percent to 3.39 billion dollars, up from 3.16 billion dollars in the same period last year, the JAAF said.– NNN-LNW